Strategists Should Try to Cover All Bases by Planning for All

question 11

True/False

Strategists should try to cover all bases by planning for all possible contingencies.

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Definitions:

Codetermination

Codetermination is a practice where workers participate in the management of a company, often through representation on its board, aiming to incorporate employee interests in decision-making processes.

Dejobbing

Dejobbing refers to the process of restructuring or redesigning work in a way that traditional job definitions and classifications become less relevant, often in response to changes in technology or market demands.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Low Power Distance

A societal characteristic where individuals perceive little difference in power and status among members, promoting equality and challenging authority.